Friday, March 25, 2011

Weekly Stock Market Overview - March 25, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 362.07 points or 3.05%. The Standard & Poor's 500 Index gained 34.60 points or 2.70%, while the Nasdaq Composite gained 99.39 points or 3.76%. Read More ...

The Energy sector was the strongest sector (4.38%) last week followed by the Materials sector (3.98%). The Financial sector was the worst performing sector (0.43%) of the week followed by the Utilities sector (1.65%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Oil & Gas Pipelines, Oil & Gas Drilling/Explor, and Major Integrated Oil/Gas are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Financial, while Savings & Loans, REIT - Hotel/Motel, and Regional-Midwest Banks are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.70% MU Micron Technology Information Technology
14.47% JBL Jabil Circuit Information Technology
10.67% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-7.33% S Sprint Nextel Corp. Telecommunications Services
-7.33% BBY Best Buy Co., Inc. Consumer Discretionary
-4.99% BAC Bank of America Corp. Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 14
Uptrend Support 8
Uptrend Exhaustion 9
Uptrend Broken Support 6
Downtrend Resistance 18
Oversold 3